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“The Housing Australia Future Fund (HAFF) is an important initiative from the Federal Government to build 30,000 much need new social and affordable homes,” added Ms Martin.
“HIA is also pleased to see the establishment of ‘Housing Australia’, a new entity to oversee the HAFF and other key programs as part of the housing reform agenda.
“This includes, creating the National Housing Supply and Affordability Council to inform the Government of gaps in the supply of housing and identifying necessary funding and policy decisions to support more homes coming to market.
“The Federal Government recently announced that it wants 1.2 million homes built over five years starting July 2024, as part of its National Housing Accord. This is necessary to begin addressing the long-term shortage of housing supply.
“It is important to recognise that the commitment to supply 30,000 social and affordable homes via the HAFF represents only 2.5 per cent of this aspirational target.
“Broader reforms are required to address the current housing shortages and aid the private sector in enabling the delivery of the targets, these include:
“Without these broader reforms, the pressure on social and affordable housing will remain, and the continued under supply of housing of all forms will only increase,” concluded Ms Martin.
ARCA Build has won the prestigious 2024 HIA-Tradelink Western Victoria Home of the Year award with a stunning custom-built home in Point Lonsdale.
The NSW Productivity and Equality Commissioner, Peter Achterstraat AM, has today published his final report following a review into the housing market, residential development and construction industry barriers currently impacting housing supply in New South Wales.
HIA welcomes today’s report from the NSW Productivity and Equality Commissioner, Peter Achterstraat AM, review of housing supply challenges and policy options for New South Wales. The report shines a light on some of the critical barriers to housing supply in this state.
The Housing Industry Association (HIA) is calling on the ACT Government to stop plans to fund a legal and planning service that will provide support to people or groups objecting to new housing development.